Stacks co-founder and Trust Machines CEO Muneeb Ali recently stated that the Stacks network is expected to launch the sBTC token in December and further upgrade in January. sBTC, as an innovative solution, addresses the Bitcoin 'write problem' through a decentralized two-way peg design, enabling BTC to be used in decentralized applications, and is expected to become an alternative to wBTC and cbBTC, more in line with the decentralized spirit of Bitcoin. (TheBlock)